480 Lafayette Ave
Lafayette, MN 56054
4 bd 1 ba 2,584 sqft Built 1957 Lot 11,761 sqft single_family
Most recent sale
$178,000
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 19, 2022 | Sold | $178,000 | MLS #7029402 |
| Apr 5, 2022 | Listed | $181,900 | MLS #7029402 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $158,900 | $2,590 |
| 2023 | — | — | $167,900 | $2,588 |
| 2022 | — | — | $106,000 | $1,822 |
| 2021 | — | — | $83,600 | $1,556 |
| 2020 | — | — | $83,600 | $1,516 |
| 2019 | — | — | $83,600 | $1,380 |
| 2018 | — | — | $62,100 | $1,094 |
| 2017 | — | — | $55,500 | $994 |
| 2016 | — | — | $55,500 | $984 |
| 2015 | — | — | $57,600 | $980 |
| 2014 | — | — | $57,600 | $952 |
| 2013 | — | — | $63,400 | $1,064 |
| 2011 | $86,400 | $7,700 | $94,100 | $988 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
2,584 sqft
Lot size
11,761 sqft
ZIP code
56054
City
Lafayette
Street
Lafayette Ave
Coordinates
44.44593, -94.39842
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,068
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 480 Lafayette Ave last sell?
480 Lafayette Ave most recently sold on May 19, 2022 for $178,000.
What is the current tax assessment for 480 Lafayette Ave?
The most recent total assessment for 480 Lafayette Ave (year 2025) is $158,900 with $2,590 in property tax.
How does 480 Lafayette Ave's assessment compare to its last sale price?
The current assessment is 10.7% below the last sale price of $178,000.
When was 480 Lafayette Ave built?
480 Lafayette Ave was built in 1957.
How does 480 Lafayette Ave compare to others on Lafayette Ave?
We track 8 other properties on Lafayette Ave. Browse the list under "Other properties on Lafayette Ave" to compare beds, baths, and sale history.
What are the property facts for 480 Lafayette Ave?
480 Lafayette Ave is a 4 bed, 1 bath, 2,584 sqft, 11,761 sqft lot single_family.
Is 480 Lafayette Ave a flip candidate?
No — 480 Lafayette Ave does not appear in our flips dataset.
Is 480 Lafayette Ave a tax-appeal candidate?
No — 480 Lafayette Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.7%
Implied 1-yr
+22.8%
2025 Q3
$242K
2025 Q4
$252.1K
ZIP 56054 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lafayette Ave